Impact Engine

Impact Engine Management, PBC is an investment management firm based in Chicago, Illinois, specializing in providing advisory services to venture capital and private equity funds. Established in 2012, the firm focuses on investing in for-profit, positive-impact businesses and funds in private markets. Impact Engine's investment strategy includes various types of securities and investments, such as minority or control equity securities, derivatives, and investments in private funds. As of December 31, 2024, the firm managed approximately $257 million in client assets, with fees typically ranging from 1% to 2.5% based on the client's strategy. The firm also receives carried interest ranging between 10% and 20% of realized profits. Impact Engine emphasizes impact investment strategies, including economic opportunity, environmental sustainability, and health equity. The firm conducts thorough due diligence, monitors investments regularly, and requires impact reporting from portfolio companies. Impact Engine operates under a Code of Ethics, ensuring high standards of integrity and business practices. The firm exercises investment discretion for clients, managing investments based on guidelines set forth in each client's Governing Documents. Impact Engine complies with the Custody Rule and provides audited financial statements to investors. The firm does not engage in traditional proxy voting but votes proxies in the best interests of clients when necessary. Overall, Impact Engine focuses on aligning financial returns with positive social and environmental impacts while managing risks associated with private investments.